Share application monies are the cash received by an enterprise issuing shares by people who are interest to become share holders of that enterprise.
Buy a share in the Apache casino.
Debit Cash / bankCredit share application accountDebit Share Application accountcredit share capital account
share totel share equaily
You can share any application or software using LAN with the use of a software called Easy LAN Folder Share.
Share application money pending allotment is nothing but the application amount is received and shares are not alloted by the company.share warrants are bearer documents which are used at the time of share transfer
When applications received Debit Cash account Credit Share applicant account [debit] Share applicant account [Credit] Share application account When share allocated [Debit] Share application account [Credit] share capital account
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Share premium account is that amount in which amount in excess of par value of shares is received while share application accounts records all money received from potential investors in process of share issue.
[Debit] Cash account xxxxx [Credit] Share application account xxxxx Entry 2 [Debit] Share Application account xxxxx [Credit] Share Capital Account xxxxx
Where's my monies...
A request for shares in a SHARE ISSUE(=when shares in a company are sold for the first time)
1. When cash received[Debit] Bank/Cash xxxx[Credit] Share application xxxxwhen shares allotted[Debit] Share application xxxx[Credit] Share capital (face value) xxxx[Credit] Share premium [value above face] xxxx